Zion Market Research has published a
new report titled “Public Cloud Platform as a Service (PaaS) Market by
Service (Cloud Application Platforms, Cloud Integration Services, Cloud Data
Services, Cloud Application Development & Life-Cycle Services and Other
Cloud Platform Services): Global Industry Perspective, Comprehensive Analysis
and Forecast, 2015 – 2021.” According to the report, global demand for public
cloud platform as a service (PaaS) market was valued at USD 2.11 billion in
2015, and is expected to generate revenue of USD 9.12 billion by end of 2021,
growing at a CAGR of slightly above 30% between 2016 and 2021.
Browse the full "Public
Cloud Platform as a Service (PaaS) Market by Service (Cloud Application
Platforms, Cloud Integration Services, Cloud Data Services, Cloud Application
Development & Life-Cycle Services and Other Cloud Platform Services):
Global Industry Perspective, Comprehensive Analysis and Forecast, 2015 – 2021"
report at https://www.zionmarketresearch.com/report/public-cloud-platform-as-a-service-market
Platform as a service (PaaS) is a
cloud computing model that brings applications over the Internet. In this
model, a cloud provider offers software and hardware tools typically needed for
application development to its consumers as a service. Provider hosts the
software and hardware on its own infrastructure. As a result, PaaS reduces the
burden of customers to install in-house hardware and software to run and
develop new application. There are numerous types of PaaS available such as
private, public and hybrid. PaaS was initially developed as an application
solution in the public cloud, before expanding to incorporate private and
hybrid options.
Public cloud platform-as-a-service
market is segmented into cloud application platforms, cloud integration
services, cloud data services, cloud application development & life-cycle
services and other cloud platform services. Other types of PaaS includes cloud
business process management (BPM) PaaS, cloud horizontal portal services, cloud
business analytics PaaS (baPaaS), cloud application governance PaaS, cloud MFT
services etc. The largest segments within the public cloud PaaS market was
cloud application platform services (aPaaS), accounted for around 34.0% of
total PaaS market in 2015.
Integration platform as a service
(iPaaS) is a platform as a service that enable subscribers to execute
integration projects involving any combination of cloud resident and on
premises endpoints such as data sources, services a applications, and
processes. This is realized by leveraging the iPaaS capabilities to manage,
deploy, develop, execute, and monitor integration flows linking multiple
endpoints. Cloud integration service segment held around 11.4% of the market
share in 2015.
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PaaS spending is relatively low
worldwide, and it is almost generated by North America, followed by Europe and
few mature IT industries in countries of Asia Pacific. All mature economies has
combine share of approximately 90% of global PaaS spending. North America
represents largest market share with 58.8% share of overall market in 2011.
Asia Pacific is also expected to record fastest growth with CAGR 31.2% over the
forecast period. There is rising adoption rate of PaaS solutions in
cost-sensitive and developing economies of Asia Pacific and the Rest of the
World. Market participants are employing the practice of reducing subscription
and annual fee. Such strategies adopted by the players are intensifying the
overall competition in the market space.
Some of the well established players
in this market include Engine Yard, Google Inc, IBM, Oracle, Saleseforce, Microsoft
Corporation and Amazon Web Services, Inc. 2015 year, marked the entry of key
tech giants into the PaaS market. AWS sustained to innovate at a rapid pace
bringing in additional services and features to its platform. Several other
players like Mendix have an established aPaaS business. However, these small
players face increasing challenges as the large infrastructure software vendors
such as IBM, Microsoft, Software AG and Tibco increasing their aPaaS efforts.
This report segments the global
public cloud platform as a service (PaaS) market as follows:
Global Public Cloud Platform-as-a-Service Market: Submarket Segment Analysis
Global Public Cloud Platform-as-a-Service Market: Submarket Segment Analysis
·
Cloud Application
Platforms
·
Cloud Integration
Services
·
Cloud Data Services
·
Cloud Application
Development and Life-Cycle Services
·
Other Cloud Platform
Services
Global Public Cloud
Platform-as-a-Service Market: Region Segment Analysis
·
North America
·
Europe
·
Asia-Pacific
·
Latin America
·
Middle East and Africa
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Tel: +1-386-310-3803 GMT
Tel: +49-322 210 92714
USA/Canada Toll Free No.1-855-465-4651
Email: sales@zionmarketresearch.com
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